The battery market

Abstract

The international battery market in general, and the U.S. market in particular, are discussed. The worldwide battery market is estimated to be $21 billion annually. The geographical distribution of this market is shown. Automotive and consumer batteries constitute more than 80% of the world battery market. The United States is the biggest single market among the countries of the world with a market size of $5 billion annually. The U.S. industrial market is estimated to be $600 million annually, of which the lead-acid battery constitutes 91.8%. Therefore, the focus of the discussion is on industrial lead-acid batteries. For the U.S. market, the topics discussed are the 1990 market size by application, type, and rechargeable by chemistry; motive power industrial batteries; standby industrial batteries; new applications for lead-acid batteries; renewable energy systems; utility load/power management applications; electric cars; advanced batteries; and chargers, converters, and controllers.